True. A strategy can be defined as a game plan or set of actions designed to achieve specific goals or objectives that or organization wants to accomplish. Strategies outline the direction and approach that a business will take to achieve its desired outcomes, overcome challenges, and capitalize on opportunities in the marketplace. A well-defined strategy provides a roadmap for decision-making, resource allocation, and execution, guiding the organization towards success. Strategies help align the efforts of various functions, departments, and individuals towards a common purpose and drive the organization towards its desired future state.
